Discussion Material 1

4 a stakeholder is a any person or entity that owns

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Unformatted text preview: default and bankruptcy of a firm. C. corporate income subject to double taxation. D. the costs of any conflicts of interest between stockholders and management. E. the total interest paid to creditors over the lifetime of the firm. 4. A stakeholder is: A. any person or entity that owns shares of stock of a corporation. B. any person or entity that has voting rights based on stock ownership of a corporation. C. a person who initially started a firm and currently has management control over the cash flows of the firm due to his/her current ownership of company stock. D. a creditor to whom the firm currently owes money and who consequently has a claim on the cash flows of the firm. E. any person or entity other than a stockholder or credit...
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